The new banknotes come in denominations from 1 to 200 Zimbabwe has introduced a new gold-backed ... introduced a new currency called the bond note that was backed by the US dollar loan facility.

Zimbabwe has introduced a new gold-backed currency called ZiG - the ... inflation-hit notes for the new currency. However, the US dollar, which accounts for 85% of transactions, will remain ...

The BRICS nations, originally composed of Brazil, Russia, India, China and South Africa, are looking to establish a new ...

Shawn Clark, a financial advisor with Mosaic Financial Group, says gold-backed currency has benefits and drawbacks. "I think a lot of Americans have been looking for some more independence," Clark ...

In a bold move challenging the federal monetary system, Texas legislators are advancing groundbreaking bills that would establish a state-backed digital currency fully redeemable in gold and ...

Goldman pushed back on arguments that gold would struggle to rally next year, citing lower rates and central bank buying as ...

Backed by gold and foreign ... it has more than three times gold and cash reserves — 2.5 tons and $100 million in foreign currency — to cover the new currency, which it promised would be ...

Zimbabwe's central bank has devalued its gold-backed currency by over 40% against the US dollar, indicating that ... According to the Reuters new agency, RBZ said in a statement that its Monetary ...

Gold and fiat currencies have dominated national reserves for centuries, but a new era demands innovative solutions.

LONDON - Amundi Physical Metals plc has issued a new tranche of its gold-backed exchange-traded commodity (ETC), expanding its offerings under the Secured Precious Metal Linked ETC Securities ...